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Published

Former Sears building in Peru for auction again, available for $350,000 bid

Summary by Shaw Local
The former Sears building at 1607 38th St. in Peru once again is up for auction, after the private investor who won the bid didn’t complete the deal.The investor from Tracy, California made the initial bid for $350,000 before purchasing the property for $1.5 million in May, less than a week after the city announced it was up for auction.Peru Mayor Ken Kolowski said it’s unfortunate the first deal fell through, but there still are possibilities f…

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Former Sears building in Peru for auction again, available for $350,000 bid

The former Sears building at 1607 38th St. in Peru once again is up for auction, after the private investor who won the bid didn’t complete the deal.The investor from Tracy, California made the initial bid for $350,000 before purchasing the property for $1.5 million in May, less than a week after the city announced it was up for auction.Peru Mayor Ken Kolowski said it’s unfortunate the first deal fell through, but there still are possibilities f…

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